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Mention situations when monopoly is allowed in Islam.

      

Mention situations when monopoly is allowed in Islam.

  

Answers


Maurice
(i) When one does not indulge in Haraam goods and services.

(ii) When one exercises honesty.

(iii) When one does not force the buyers to purchase his goods.

(iv) One should not take advantage and hold the society at ransom.

(v) When it is not acquired through deceit.

(vi) When one does not take advantage to charge exorbitantly.

(vii) When the customers are not discriminated against .

(viii) When there is free distribution of items.
maurice.mutuku answered the question on August 13, 2019 at 08:27


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